Brendan Keenan: First item on the agenda: billions more for our banks
Published 28/02/2011 | 05:00
ONE of the most critical decisions for the new government -- even if it lasts five years -- will come within weeks of its taking office.
This is the question of whether to put several billions more into the banks.
Brian Lenihan left the new administration a poisoned chalice when he postponed the payment of €7bn of new capital which, under the EU/IMF agreement, should have been done by last week.